Checklist for Starting a Jeans Business: Essential Ingredients for Success
If you are thinking about going into business, it is imperative that you watch this video first! it will take you by the hand and walk you through each and every phase of starting a business. It features all the essential aspects you must consider BEFORE you start a Jeans business. This will allow you to predict problems before they happen and keep you from losing your shirt on dog business ideas. Ignore it at your own peril!
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A Step by Step
Guide to Starting a Small Business
This is a
practical manual in a PDF format, that will walk you step by step through all the
essential phases of starting your Jeans business. The book is packed with
guides, worksheets and checklists. These strategies are
absolutely crucial to your business' success yet are simple and
easy to apply.
Copy the following link to your browser and save the file to your PC:
https://www.bizmove.com/free-pdf-download/how-to-start-a-business.pdf
Getting your business mentioned in the press is an
extremely good way to achieve a positive image and attract new
customers to your business. Few things can give you as much
credibility than as being recommended by a major newspaper or
magazine. But just how do you write a press release that gets
attention, and brings in results? Although I can't guarantee
that you'll get media attention, I can tell you how you can
increase the odds of seeing your business in the real-world
media.
What is a Press Release?
A
press release is a document that is written out in a specific
format that is used to pitch a reporter or editor or to make an
announcement
that you believe is newsworthy.
The basic
outline for a press release is as follows:
----------------------------------------------
FOR
IMMEDIATE RELEASE
For Further Information Contact:
Full Name of Contact
Email Address
Direct Phone Number
URL
Headline
Some City, Some State -- Date (i.e.
January 27th, 2001) -- Introductory paragraph that answers Who,
When, Where, What and So What?
A second paragraph
offering more information.
Third paragraph includes a
quote that's attributed to somebody important, for example:
"It's a revolutionary product," says Joe Smith, CEO of Big
Company Inc.
Fourth paragraph includes some more
information, perhaps another quote.
Fourth paragraph
often includes history and background information about the
company.
# # #
----------------------------------------------
The entire
press release should be no more than 400 words, or one printed
page.
Five Things That You Must Do In Your Press
Release
1. Make your press release
newsworthy. Make sure that you have something to say
that'll be of interest to the readers of the publication that
you're sending the press release to. Keep in mind that the media
love news stories with a human side to them. Make your angle on
the story entertaining, interesting or newsworthy or don't
bother sending out a press release at all.
2.
Target your releases. There's no point in sending a
press release about the launch of your jewelry store to "Fishing
World" magazine.
3. Use the proper press release
format. Have a professional check the press release for
grammar and spelling.
4. Keep the press release
concise. Get to the point in the first paragraph. Use
clear, concise, vivid language. There's no better way to get
your story ignored than sending a lengthy release which doesn't
state it's purpose (Who, When, Where, What) right upfront. Don't
fill the press release with buzz-words, hyperbole and
exaggerated claims.
5. Write an excellent
headline. The headline is 90% of your press release.
Here are a few headlines that worked extremely well
- I
Can Help Anyone Find the Love of Their Life in 90 Days Or Less!
- Abraham Lincoln's Office Is Being Given Away... For Free!
- Brooklyn Bridge Sold By New Jersey Man... For $14.95!
Write headlines that attract attention, stir emotion and
create pictures in the mind of the reader.
More
On Targeting
Be careful who you send your press
release to. When compiling your own media list don't waste your
time getting the email addresses or fax numbers of every
newspaper and magazine in the country, just the ones who would
be interested in your story. Likewise, when you purchase a media
list, don't send your press release to every contact. Take some
time to filter out all the ones who wouldn't care about your
press release, no matter how good it is.
To get more and better business leads network with
those clients you already have a relationship with. (Note: some
professions are prohibited from making gifts for referrals.)
1. Create a referral form.
A fill-in-the-blank referral form that is distributed
quarterly to the names on your database is guaranteed to land
leads. To help customers zero in on appropriate prospects, ask
questions that relate to your nitch:"Whom do you know who's
retiring in five years? Who just bought a new home? Who's
launched a business?" Send a thank you note to everyone who
sends you a referral. If you win a large account, send them a
basket of flowers, bottle of wine or a magazine subscription.
2. Host a salon.
A salon is a business mixer for the sole purpose of
garnering new business. Invite your best clients and ask each of
them to bring a friend along. Because it is not easy for
customers to think up prospects names when they don't know your
market, send a list of the type of client you are trying to
target along with the invitation.
3. Ask during delivery.
No matter what you sell, your clients are most likely
to be enthusiastic at the point of delivery. (Weylman) This is
an excellent time to leverage yourself. In fact, ask for
referrals at any point in the sale.
4. Offer incentives.
Rewards for referrals that turn into business can range
from free estimates, samples, consultations, coaching sessions
to a discount on future purchases, etc. Just be careful to not
give more than the referral is worth.
5. Sponsor a contest.
Enter everyone who sends a referral that coughs up a
lead in a drawing. Make the prize substantial. "Make giving
referrals fun," says Robert Middleton. Examples might range from
a meal at an elegant inn to a mini-vacation or such.
6. Give leads in return.
This is one of the best ways to get referrals. But be
absolutely sure that the referrals you give are competent and
reliable. Remember your reputation is on the line. You don't
want good intentions to jeopardize your relationship with your
existing clients.
7. Pump prospects who've passed up your
services.
Most potential client/customers feel bad when they have
to turn your business down, so why not make them feel better by
requesting leads. They do not see this as a burden. Just be sure
to acknowledge them when the referrals come in and especially
when they become a customer.
8. Swap leads with rivals.
If geography or time restricts your ability to service
all your potential clients, simply pass along jobs you can't
handle to other businesses and ask them to do the same. Giving
these referrals scores you points with potential clients who may
come back to you some day.
9. Cultivate reciprocal referrals from
non-competitors.
Find out who is compiling a database of related
business and ask to be included. The opportunities occur in
businesses which are somewhat collateral to your own.
10. Tap suppliers.
Constantly remind vendors of your need for referrals.
Send out a letter or brochure which says, "When my business
grows, your business grows." Likely, reason you don't get more
referrals is because you don't ask. So, ASK!
Predict Your Future. Do not use a crystal
ball to make forecasts of your business. By carefully assessing
the historic trends of
your business, as shown on your
records for the previous five years, you can forecast for the
year ahead. Your listing of sales,
your expertise with the
markets in which you market, and your overall understanding of
the economy should enable you to predict a
sales figure for
the following year.
When You've Got a Sales prediction
figure, make up a budget demonstrating your costs as a
percentage of that figure. In the
following year, you can
compare real P&L figures for your budgeted figures. Thus, your
budget is an important tool for determining
the health of
your enterprise.
Make Timely Decisions. Without actions,
predictions and conclusions about the future are not worth the
paper they're written on. A
decision that does not lead to
action is a poor one. The rate of business demands timely in
addition to informed decision making.
If the owner-manager
would be to remain ahead of competition, you have to move to
control your destiny.
Effective Decision making from the
small business requires several things. The owner-manager should
possess as much accurate
information as possible. With these
facts, you need to establish the effects of all possible courses
of actions and the time
requirements. When you have made the
judgment, you have set up your company so the choices you make
can be transmitted into
actions.
Control Your
Business. To be effective, the owner-manager must have the
ability to motivate key individuals to acquire the
outcomes
planned for within the price and time limits allowed. In working
to attain outcomes, the small business owner-manager has
an
advantage over big business. You can be fast and flexible while
many large businesses need to await committee actions before a
decision is made. You don't need to get permission to act. And
equally important, bottlenecks to implementing new methods can
receive your own personal attention.
One of the Secrets
is in deciding what things to restrain. Even in a small company,
the owner-manager shouldn't try and be all
things to
everybody. You should keep close control on individuals,
products, money, and any other tools that you consider
important to maintaining your performance pointed toward profit.
Handle Your Folks. Most companies find that their
biggest expense is labor. Yet because of the close contact with
employees, a few
owner-manager of small businesses do not pay
sufficient attention to direct and indirect labour costs. They
tend to consider those
prices in terms of individuals as
opposed to relate them to profit with respect to dollars and
cents.
Listed below Are Some Suggestions regarding
personnel handling:
Periodically Review every position in
your business. Have a quarterly look at the job. Is work being
replicated? Is it organized
so that it encourages the worker
to become involved? Can the tasks be given to another employee
or employees and a position
removed? Can a part-time person
fill the job.
Play A modest private mental game. Imagine
that you must get rid of one worker, If you needed to let 1
person go, who would it be?
How can you realign the jobs to
make out? You may get a true solution to the fanciful difficulty
is potential to your financial
benefit.
Usage
Compensation as a tool rather than seeing it as a essential
evil. Reward quality work. Look into the possibility of using
raises and bonuses as incentives for higher productivity. For
instance, can you envision bonuses like morale boosters through
seasonal slacks or other dull periods?
Remember There
are new ways of controlling absenteeism through incentive
compensation plans. For instance, the owner-manager of
one
little company eliminated holidays and sick leave. Instead, this
owner-manager gave every worker thirty days annual leave to
use as the employee saw fit. At the end of the year, the workers
were paid at regular rates for the depart that they didn't use.
To qualify for the year-end pay, the worker had to establish
that sick leave was shot solely for this purpose. Non-sick leave
had
to be applied for in advance. As a result, unscheduled
absences and overtime pay have been decreased significantly. In
addition,
employees were happier and more effective than they
had been under the older system.
Control Your Inventory.
Don't tie up all of your money in stock. Use a perpetual
inventory system as a cost control rather than a
system only
for taxation purposes. Establish use patterns or buy patterns on
the materials or items you must stock to maintain the
minimum
number needed to supply your customers to maintain production.
Excessive stock, while it is finished merchandise or raw
materials, ties up funds which could be used to better
advantage, for example, to open a new sales territory or to
purchase new
machines.
Centralize your Buys and avoid
duplications. Be a comparative shopper. Verify orders . Get the
price and amount straight right
away.
Check what you
Get for quality and condition. Check bills from suppliers
against quotes. You do not want to be the victim of their
mistake.
You Ought to, However, keep 1 fact in mind when
you set up your inventory control system. Don't spend more on
the control system
than it will yield in savings.
Control Your Products. From charge of stock to control of
products is but a step. Ensure that your sales people recognize
the
importance of promoting the products which are the most
lucrative. Align your service coverages along with your own
markup in
mind. Arrange your goods so that low markup things
require the least handling.
Control Your Money. It is
good policy to handle checks and cash as though they were
perishable commodities. They are. Cash in your
protected
earns no recurrence; and it Can be stolen. Bank promptly.
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